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Turnkey Grocery Storefront Space
For Lease
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1924 E 87th Street, Chicago, IL 60617

Retail unit with existing shelving and refrigerated coolers, offered for lease on Chicago’s Southeast Side.

Space Size4,200 SF
Days on Market63

Property Features for 1924 E 87th Street

General Information

Standard status Active
Size 4,200 SF
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Year Built 1954
Tenancy Single

Spaces For Lease

at 1924 E 87th Street Contact us

Available Space

Size
4,200 SF
Type
Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Realty of America, LLC
Listed By: Margaret Schmidt · License #475214500
Source: Crexi
Added: Jul 5 Changed: Sep 4 Last Checked: Aug 29 at 3:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty of America, LLC

Investment Insights

Based on property information with market context.

Turnkey grocery store space is available for lease, featuring existing shelving racks and refrigerated coolers already in place. The approximately 4,200 SF retail unit is set up for an operator to move in with minimal initial build-out, supported by the in-place food service fixtures.

The property is located on E 87th St on Chicago’s Southeast Side, with visibility in an established retail corridor. The offering includes plenty of customer parking, and the lease is described as a gross lease.

Contact the listing agent for showings and additional details.

Key Highlights

  • Approximately 4,200 SF retail unit for lease on Chicago’s Southeast Side
  • Year built: 1954
  • Comes with existing shelving racks and refrigerated coolers

Property Analytics

Current Use

AM-PM Food Mart ... Grocery & Convenience Store Heba's Finer Food ... Big Box & Wholesale Store

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Cafe & Coffee Shop Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

945
Businesses Nearby
110k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Wendy's Dining
22,597 visits/mo 0.4 miles
Dollar Tree Shops & Services
18,010 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
11,728 visits/mo 0.4 miles
Citibank Shops & Services
9,451 visits/mo 0.4 miles
BP Shops & Services
9,108 visits/mo 0.1 miles

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • HAPPY HOUR MARKET 1654 E 87th St, Chicago, IL 60617

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail unit with existing shelving and refrigerated coolers, offered for lease on Chicago’s Southeast Side.
Where is this grocery and convenience store located?
The property is located at 1924 E 87th Street Chicago, IL.
What are key features of this property?
This property features: Approximately 4,200 SF retail unit for lease on Chicago’s Southeast Side; Year built: 1954; Comes with existing shelving racks and refrigerated coolers
(708) 788-1900 Call to check price and availability
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